The Chartered Institute for Securities & Investment has established a Group Life Assurance scheme for all permanent employees.
The scheme provides a benefit equal to five times your basic annual salary in the event of your death, for employees who joined after 1 June 2015. If you joined before this date your benefit is equal to four times your basic annual salary plus a dependant’s pension.
Cover will be in place immediately on becoming a permanent employee of the Chartered Institute of Securities & Investment until your 75th birthday. Any benefit payable would be paid to your beneficiaries in the event of your death. You will need to keep your nominated beneficiaries up to date, and please contact HR if you would like to change your beneficiaries.